Imminent carbon targets for £250bn of Phoenix portfolios

Near-term carbon targets have been set up by the provider amid its push for industry action

Hope William-Smith
clock • 3 min read
Phoenix Group chief executive Andy Briggs
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Phoenix Group chief executive Andy Briggs

Phoenix Group has set both 2025 and 2030 carbon intensity reduction targets for its £250bn investment portfolio.

The interim targets - announced today (4 October) - are part of the group's pathway to achieving net-zero carbon emissions within its investments by 2050, as announced last December. The interim targets...

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